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TAX BREAKS FOR STARTUPS
AI startup Pramaana Labs raises $27 million in seed funding led by Khosla VenturesPramaana Labs, an AI startup, has secured $27 million in seed funding. The company develops technology to ensure AI answers are mathematica...- India Inc. is profitable. So why isn’t it investing?Indian companies are making record profits, but they are not investing in new factories or infrastructure. This is creating fewer jobs and ...
- India may have brokered a rupee truce, but hasn't won peace yetIndia has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...
- Startup investing in India: Why angel investing is high-risk, illiquid, and suitable only for patient investors with diversified portfoliosIndian startup investing, once fueled by easy money, now demands caution due to market volatility and inherent risks. While success stories...
- Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...
- Used meal card benefits? Form 12BA deadline alert: Why salaried employees must collect it by April 30 for filing ITR for AY 2026-27Salaried employees need to collect Form 123 from employers by April 30, 2026. This form details perquisites like meal card benefits. It is ...
- AIF returns explained: Why high alpha may exist on paper, not in cash returned to investorsAlternative Investment Funds have delivered an average alpha of 9% over the Sensex, but most of that exists only in valuations, not in cash...
- South Africa unveils draft AI policy, proposes new institutions and incentivesThe AI policy, published by the Department of Communications and Digital Technologies, aims to position South Africa as a continental lea...
- Budget has 10 big tax changes for India Inc: What you need to knowUnion Finance Minister Nirmala Sitharaman's eighth Budget emphasizes tax reforms to benefit businesses. Key updates include tax breaks for ...
- Startup India: Policies abound but limited impact on groundMooted with the objective of creating a conducive ecosystem for startups, an assessment of its impact a year on puts a spotlight on the cha...
- What Budget 2017 meant for startups and MSMEsThe budget which focussed more on propelling the digital economy of the country gave some concessions to the startups while holding out on ...
- Budget 2017: Digital Businesses hope FM to unravel red tapeAs the digital economy makes inroads into our daily lives, regulations for the new economy — often from the industrial era — are still catc...
- Startups brace up for legal war with Income Tax departmentStartups have challenged the tax demands on elevated valuations, complaining that the move runs counter to the govt's campaign to encourage...
- Startup India tax breaks for two more companiesThe duo was picked at the third inter-ministerial board meeting on Friday that considered applications of 13 startups, a senior official to...
- Bhurak Tech, only firm out of 571 startups, found eligible for tax benefits under Startup IndiaKanpur-based Bhurak Technologies Pvt Ltd had applied to DIPP for three-year tax benefits announced in the Startup India Action Plan.
- Startup: 571 entrepreneurs queue up for tax benefitsSeven have submitted all documents and are eligible for Startup India benefits and tax exemption and 106 have submitted all documents but a...
- Nirmala Sitharaman takes startups’ plea on tax exemption period to Finance MinistryStartups want the tax holiday to be extended to up to seven years because no company breaks even in three years.
- Budget 2016: Startups not excited, expected more from governmentThe startup world reacted with muted enthusiasm to the budget, showering mild praise on proposals, which were anyway anticipated.
- Five startup expectations from Budget 2016The anticipation is palpable in the startup community, since it comes close on the heels of the Startup India action plan announcement.
- Proposed three-year tax holiday for startups to be available over five-year window: GovernmentWith the deadline for seeking exemption set for March 2019, the scheme will effectively run till March 2024, a period of eight years from n...
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